to its high percentage of imports, the United States grows increasingly
vulnerable to market manipulations by foreign producers who use oil not
only as a source of economic wealth, but also as a political weapon.
Our nation cannot afford to sit back and allow its future to be
determined by other nations. The health of our economy and our ability
to ensure a strong national defense cannot be maintained while crude
oil prices fluctuate wildly.
governors of the Commission understand that the energy crisis faced by
the nation does not have a single definition or a single solution.
Todays energy problems spiraling energy costs, rapidly growing demand
and decline of domestic production cannot be wished away or ignored.
the key to any solution is an energy policy with fundamentals rooted in
energy security, access to domestic resources, environmental
protection, distribution infrastructure improvements, conservation and
alternative energy development.
Congress only recently demonstrated the courage necessary to forge a
national energy policy, the governors of the Commission have been
stepping up to the plate since 1935 and will continue to fight for the
responsible development of our nations resources.